Monthly Archives: <span>January 2006</span>

Burns & Wilcox Note Expansion

Burns & Wilcox, a national specialty insurance managing general agency, announced the expansion and move of the company¹s St. Louis, Mo., office. “Due to our increasing volume, we literally grew out of our office,” said St. Louis Branch Manager David …

Former Credit Lyonnais Chairman Offers Guilty Plea

A former chairman and chief executive officer of Credit Lyonnais pleaded guilty Thursday afternoon to two felony charges of causing Credit Lyonnais to make false statements to the Federal Reserve Bank. Jean Peyrelevade, 66, of Paris, appeared Jan. 19 in …

AUGIE Launches Agency Survey

The ACORD-User Groups Information Exchange (AUGIE) reported its benchmark Agency Technology Survey is now available to complete and encourages independent insurance agents and brokers to participate. The Florida Association of Insurance Agents (FAIA) Automation Task Force worked closely with the …

Golden Gate CPCU To Host All Industry Day March 3

The Golden Gate Chapter of the Chartered Property Casualty Underwriters (CPCU) will be hosting its 57th Annual All Industry Day on Friday, March 3, 2006, at the Argent Hotel in San Francisco. The educational event will include two morning seminars …

IBA West Installs New Officers, Acordia’s Sawyer Named President

IBA West recently installed new officers and directors at its 2006 Annual Business Meeting and Installation Luncheon in Los Angeles. Elected to the 2005 Executive Committee were: *President – Stewart Sawyer III, vice president and actuary, director of market security …

Fla. Residents Urged to Purchase Flood Insurance for 2006 Hurricane Season

As Floridians continue to recover from the storms of 2004 and 2005, and the 2006 season fast approaches, it is vital that all property owners living and doing business in areas designated as flood zones by the National Flood Insurance …

Beecher Carlson Adds Senior VP in Los Angeles Office

Beecher Carlson, an insurance brokerage and risk management consulting company, has added Sharon Ostern as senior vice president in the company’s Los Angeles office. Ostern will be responsible for providing risk services consulting for new and prospective clients with a …

LIRC Approves Post-Katrina Rate Hikes

The first post-Katrina increase in homeowners insurance rates has been approved by the Louisiana Insurance Rating Commission, beginning what is expected to be a line of rate increase requests this year. The commission voted 4 to 1 Jan. 18 to …

Crump E&S Hires Nicol

Crump E&S of California Inc. announced that Debra Nicol has joined the Southern California property/casualty brokerage team. Nicol brings more than 25 years experience in the Wholesale surplus lines casualty area. Her experience includes large commercial and residential contractors, tough …

Hundreds Evacuated as Train Burns After Collision in Ala.

Schools were open but about 500 residents were unable to return to their homes Jan. 19 after a train carrying sodium cyanide caught fire in a collision with another train near Lincoln, Ala. Jerome Hand, a spokesman for the state …